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Uomo Uomo
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Posts: 1648
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8 years ago
Which of the following statements about limited partnerships is incorrect?
A) A limited partnership contains two classes of owners: general partners and limited partners.
B) Both the limited partners and the general partners are responsible for the debts and obligations of the partnership.
C) A limited partnership is a modified form of a general partnership.
D) Limited partnerships are common in real estate and oil and gas exploration.
E) A limited partnership is usually formed to raise money or to spread out the risk of a venture without forming a corporation.
Textbook 
Entrepreneurship: Starting and Operating a Small Business

Entrepreneurship: Starting and Operating a Small Business


Edition: 3rd
Authors:
Read 249 times
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Registered in a two-year entrepreneurship course
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fashionfashion
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8 years ago
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Uomo Author
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8 years ago
Delivered right on time, appreciate your assistance once again
Registered in a two-year entrepreneurship course
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8 years ago
I'll be around if you need anything else...
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